Atlanta auction firm John Dixon pioneers new approach opening live auctions to banks, other institutions and individuals
ATLANTA, May 8, 2017 /PRNewswire/ -- Atlanta-based John Dixon & Associates is forging a new path to enable more banks and other institutions -- as well as individuals -- to sell real estate at simulcast auction (live and online combined bidding).
"We analyzed the whole auction marketplace and found that real estate owners of all types and sizes needed a more efficient and cost-effective way to sell in live auctions. Our enhanced Multi-Seller program provides the excitement of a live auction and the broader reach of online bidding," said President John Dixon.
The demand for such an approach is reflected in the company's upcoming auction, set for May 22 in Jacksonville, Florida, and May 24 in Atlanta. Sellers include several banks, six major Real Estate Investment Trusts, and about 30 individuals, according to Dixon.
"We're getting a big response because you can't beat the excitement of live bidders in a room, along with online bidders who are bidding right along with them during the auction. We've made that approach easier and more cost-effective, and it's paying off for everybody. More sellers can use the live auction method, and bidders have more to choose from," he said.
The upcoming sessions will feature some 560 properties in 165 groupings, offered by 48 different sellers.
"The states with the most offerings this time around are Florida and Georgia, with others in Alabama, Tennessee, North Carolina, South Carolina and Maryland. And because we're doing several of these a year, sellers are able to sell properties all during the year based on their needs. I don't know of any auction company in the country who is offering this kind of service to sellers on a regular basis," said Dixon.
Details on all of the properties and groupings are available online at www.johndixon.com, and bidders and sellers alike may get more information by calling 404-609-1150. The next quarterly auction is scheduled for August 15-17.
John Dixon & Associates, based in Atlanta with offices in Florida, North Carolina and South Carolina, is one of the nation's largest auctioneers of real estate.
For more information:
Carl Carter, 205-823-3273
SOURCE John Dixon & Associates
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